HSN Code 84703000: Other Calculating Machines

HSN Code 84703000 represents Other Calculating Machines under GST classification. This code helps businesses identify Other Calculating Machines correctly for billing, taxation, and trade. With HSN Code 84703000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Calculating Machines.

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Description of Goods for HSN Code 84703000

HSN Code 84703000 relates to the following description.

Description of Goods

Other calculating machines

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8470 - Calculating machines and pocket-size data recording, reproducing and displaying machines with calculating functions ; accounting machines, postage-franking machines, ticket-issuing machines and similar machines, incorporating a calculating device; cash registers

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84703000 not include?

Other Calculating Machines does not include products with the following descriptions.

Electronic calculators capable of operation without an external source of electric power and pocketsize data recording, reproducing and displaying machines with calculating functions

Calculating machines and pocket-size data recording, reproducing and displaying machines with calculating functions; accounting machines, postage-franking machines, ticket-issuing machines and similar machines, incorporating a calculating device; cash registers - accounting machines : electrically operated

Calculating machines and pocket-size data recording, reproducing and displaying machines with calculating functions; accounting machines, postage-franking machines, ticket-issuing machines and similar machines, incorporating a calculating device; cash registers - accounting machines : manually operated

India’s Trade Performance — HSN Code 84703000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

−35.71% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

−35.21% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹10 Cr

Trade Deficit

Surplus rank #9091 of 12657 HSN codes

% of Sub-Chapter 8470

FY 2024-25

0.07%

Share of Sub-Chapter 8470’s total exports in FY 2024-25

Import side: 0.87% of Sub-Chapter 8470’s imports

Rank Within Sub-Chapter 8470

FY 2024-25

#8 of 10

Position by export value among HSN codes in Sub-Chapter 8470

Import-side rank: #6 of 10

At a glance

0.00%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#9472

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+442.65%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.07%

Contribution to Sub-Ch. 8470

Share of Sub-Chapter 8470 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84703000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8880

Balance

−1.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.38% of Sub-Ch. 8470

Imports

2.12 ₹ Cr

0.0001% share

YoY

0.30% of Sub-Ch. 8470

FY 2019-20 Exp. Rank #8811

Balance

−6.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+16.67% YoY

0.28% of Sub-Ch. 8470

Imports

7.01 ₹ Cr

0.0002% share

+230.66% YoY

0.55% of Sub-Ch. 8470

FY 2020-21 Exp. Rank #7987

Balance

−2.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+223.81% YoY

0.30% of Sub-Ch. 8470

Imports

3.06 ₹ Cr

0.0001% share

−56.35% YoY

0.32% of Sub-Ch. 8470

FY 2021-22 Exp. Rank #6691

Balance

−0.55

Exports

3.69 ₹ Cr

0.0001% share

+442.65% YoY

0.80% of Sub-Ch. 8470

Imports

4.24 ₹ Cr

0.0001% share

+38.56% YoY

0.29% of Sub-Ch. 8470

FY 2022-23 Exp. Rank #8199

Balance

−11.82

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−75.61% YoY

0.14% of Sub-Ch. 8470

Imports

12.72 ₹ Cr

0.0002% share

+200.00% YoY

0.79% of Sub-Ch. 8470

FY 2023-24 Exp. Rank #9231

Balance

−15.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−68.89% YoY

0.03% of Sub-Ch. 8470

Imports

16.02 ₹ Cr

0.0003% share

+25.94% YoY

1.28% of Sub-Ch. 8470

FY 2024-25 Exp. Rank #9472

Balance

−10.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−35.71% YoY

0.07% of Sub-Ch. 8470

Imports

10.38 ₹ Cr

0.0002% share

−35.21% YoY

0.87% of Sub-Ch. 8470

CAGR · 7-Year

Exports

0.00% /yr

Imports

30.31% /yr

Consistently Deficit
Sub-Chapter 8470 total

reference, FY 2024-25

Export

₹266.92 Cr

Import

₹1,189.81 Cr

Trade Balance

−922.89

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 84703000 Export-Import Analysis

Consistent Export Growth: 0.00% CAGR Over 7 Years

India's exports under HSN Code 84703000 have grown at a compound annual rate of 0.00% over 7 fiscal years, rising from ₹0.18 Crore in FY 2018-19 to ₹0.18 Crore in FY 2024-25.

HSN Code 84703000 Ranked #9472 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84703000 ranks #9472 out of 12657 HSN codes by total export value. Within Sub-Chapter 8470, it ranks #8 of 10. By trade surplus, it ranks #9091 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84703000 Exports

The strongest single-year export movement for HSN Code 84703000 was recorded in FY 2021-22, when exports surged by 442.65% over the prior year.

India Records a Trade Deficit of ₹10.20 Crore in HSN Code 84703000 Goods

In FY 2024-25, India's imports of ₹10.38 Cr exceeded exports of ₹0.18 Cr, resulting in a trade deficit of ₹10.20 Crore — ranking #9091 of 12657 by surplus magnitude.

Import Growth of 30.31% CAGR Signals Rising Demand for Other Calculating Machines

India's imports under HSN Code 84703000 have grown at 30.31% CAGR, reaching ₹10.38 Crore in FY 2024-25.

HSN Code 84703000 Contributes 0.07% of Sub-Chapter 8470 Exports — Ranked #8

Among the 10 HSN codes under Sub-Chapter 8470, HSN Code 84703000 ranks #8 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.87% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84703000 and GST compliance.

What products are classified under HSN 84703000 ?

It includes Other Portable Automatic Data Processing Machines

How much GST applies to Other Calculating Machines?

Under HSN 84703000, Other Calculating Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other Calculating Machines?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Other Calculating Machines?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Can we claim ITC on inputs used to trade Other Calculating Machines?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Other Calculating Machines?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.